E Ink Holdings says that it expects its electronics shelf label (ESL) display shipments in 2019 to grow 20-30% compared to 2018 - much lower than its previous estimates, due to the US-China trade war and a slowing macro economy.

E Ink Holdings is confident that its business will continue to be strong in 2019. Demand for e-readers will remain weak in H1 2019, which will result in a single-digit drop in total revenues.

About 70-80% of the comany's ESL capacity is already booked for for 2019, and the company plans to convert its US facility, which currently produces e-reader displays, to produce ESL displays.

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